Page 74 - Ruble News Today

>> sure. so whats left to sank,ction, a you said, the european imports of oil and gas. the u.s. has done practically everything it can to sanction all parts of the russian economy which will have a devastating effect as time goes on, not immediately, but the entire industrial economy. the europeans would have to foreswear purchasing russian hydrocarbons and theyre not ready to do that yet. they can only do that if theyre assured they have other supplies of oil and gas. theres not that much left ...

>> reporter: he showed once again his mixture of composure and defiance. zelenskyy urged western nations. >> russian oil will no longer be second at u.s. ports and the american people will deal another powerful blow to putins war machine. >> reporter: the european union says it will cut gas imports by two-thirds and phase it out completely before the end of the decade. a daunting goal since europe relies much more heavily. meanwhile, the russian stock market remains closed for the eighth coulnse...

Possibility that the world would close it off to the economy is it has a mass $610 in foreign exchanges and the sanctions regime between the u.s. and the european union are trying to isolate russias ability to spend that money. its a real game here. russia is really a master at hiding money, money laundering. putin is worth potentially a hundred billion dollars and theres no known of where that is. >> the eu is stepping up its defense for ukraine. roma, its good to talk to you. i want to focus o...

Western sanctions sent russias economy into free fall, it seems they sparked an exodus of corporations. the and companies not cutting ties completely with russia are limiting their exposure. each day the list keeps growing. american express now among the latest, saying it was holding relationships with -- in moscow, the stock exchange will be closed for another day. the ruble remains under pressure after hitting a record low wednesday. meantime, oil prices have been surging amid global supply co...

That is what his motivation is that aggressive approach to ukraine might have made things a little differently. i could be wrong. i could be wrong. >> listen, i really like your show because you let people talk, number one. and you ask good questions. here is why i think they made a mistake. we should have punched putin in the nose when he had 100,000 troops on the border of ukraine. we should have went after the oil and gas sector early on to maybe deter the invasion. at every moment biden appe...

Sparse. you can imagine some empty shelves. everyday products, everyday services that we all take for granted, whether its using your visa card, apple pay, whether its being able to buy nike online or an iphone. whether you want to buy h & m, because they said overnight theyre stopping all sales to russia. where can you travel to from russia given all the various airspace bans from around the world. if you do travel, your ruble is worth less than half of what it was at the beginning of the year....

Ambassador to ukraine. do you think a ban on u.s. oil would have much impact on putins invasion? obviously europe gets a huge amount of their oil, particularly germany from russia. thats a whole other question. >> it is, anderson. youre exactly right. we dont get that much oil directly from the russians. however, prices are the same around the world. prices rise and fall around the world. so, if there is oil taken out of the market, oil prices are going to go up. it will affect us. it will affec...

Collapsing. be careful what word you use. accurate to use that word. the ruble is collapsing, cut in half its value. do you know what that means sneferg that ghees russia, everything they import goes up dramatically in price. they have inflation problem. the banks in russia cant transfer money around to each other like they used. to say or overseas. results, you have people lined up in banks in russia over the weekend trying to get their money out. you are about to see run a on the banks. the st...

The other caution from experts and senior officials tracking this, its only day six, day seven now, and you cannot under estimate the might of the russian war machine, we do not know whats ahead. hes cornered by being stalled . we dont know who hes listening to, and the targeting of the oligarchs is applying enough pressure to make him want to be deterred. one official, the british ambassador to the united states said look, nothing, at this point that the russian president would do would surpris...

There are some problems with that too. um, russians can seek information and they do. you know? they do find information, for instance, about -- um -- um -- economic hardship and what ruble fallen down and we went to the atms massively and now there are huge lines. people stand in line for up to six hours to buy a ticket on turkish airlines. you cannot do that on -- >> i am going to just jump in just in case our viewers are wondering what they are hearing here. this is an air-raid siren that is ...